The oldest video about Bitcoin on YT?

[Pastaral]

The oldest video about Bitcoin on YouTube was uploaded in 2010. As far as I know the Bitcoin Money video was uploaded in 2011.  This video discusses the future implications of Bitcoin.  So that everyone can know and understand about Bitcoin.

[Hamza2424]

Hmm, Quite interesting anyway there's a chapter by the name of anonymous transactions, TBH These days even if a P2P transaction is no longer anonymous you can take care of your privacy with services like mixers but still, it's not fully able to protect privacy.

Haha, but this cartoonist's explanation is cute.

[Lucius]

Hmm, Quite interesting anyway there's a chapter by the name of anonymous transactions...
~snip~

Transactions were never anonymous in the sense that someone could hide them from the public, because the blockchain is public and you can see every transaction that has ever been made. It is possible that this "anonymity" came from the fact that the public BTC address does not contain the name of the person using it, and in the beginning there were no companies that dealt exclusively with blockchain analysis, as is the case today.

If you are smart and careful enough, even today you can make fairly anonymous transactions with BTC, and if you are not doing something illegal and dangerous, no one will try too hard to investigate who is behind every transaction on blockchain.

[KingsDen]

Maybe the problem is that the video looks like something for children - and even today people pay much more attention to the video than to the sound...?

The problem might not only be because it looks like video for children. You can see that YouTube videos has advanced over the years. For the video to go viral, how sure are we that the creator used the necessary;
Descriptions;
Tags;
SEO tags.
Also look at the thumbnail and see that it isn't attractive. A typical thumbnail for such a video should be bitcoin logo transmitting to dollar with an excited Human in-between. I believe you understand what I meant.

[bee]

The only problem nowadays is that Bitcoin transactions isn't free anymore that was stated on that video that it's totally free.

I also noticed that in the first minute (at 56 secs). Was this video made when Satoshi was still "alive" and bitcoin was in intensive development? , the brown cat says "bitcoin transactions are free". I'm not sure if he was referring to centralized wallet transactions considering that they didn't exist in those years. Was anyone here in those years using bitcoin and what were the facts?

[Faisal2202]

Many people often publicly express their regret because they did not find out in time that Bitcoin even existed - but considering that lately I often remember some old videos that I used to watch as a beginner, I wonder how a video that is on YT from 2010 has just over 50 000 views?

I won't be surprised to see the 50k views because the video is not that good. The graphics are so simple and 2d and there are no subtitles (not normal ones) but the ones with cool graphics and animations. There were tools at that time to make such videos if a person can make this 2d animation video he could make that happen as well. The point is, no doubt at that time there might be lesser videos on YT but still for an average nontechnical person this video is just a waste of time.

I remember a time when I came to know about YouTube I only searched for funny videos or football videos haha. At that time, there was not internet in most of the part of the worlds but now those parts do have internet and people are watching a lot of videos but still there are people don't come to see videos related to BTC because YT show them videos they want to see. If they will not search about crypto then they might not be shown such videos.

[Lucius]

~snip~
The point is, no doubt at that time there might be lesser videos on YT but still for an average nontechnical person this video is just a waste of time.

Not only then, I believe it's the same today - because even though the situation surrounding the understanding of BTC has changed, most people still don't have a very good idea about it. Even if we all imagined that the video we are talking about was superbly made and could teach everyone about BTC in a simple way, most people would rather do what you did than take an interest in maybe learning something.

Even when I sat in front of the computer for hours every day and learned about BTC, some people said that I was wasting my time while they were watching TV and playing games - which I considered a waste of time. Now I'm online only because I want to, because I've profited from BTC to the extent that I don't have to think about whether I'll have bread on the table tomorrow, while those who played games and watched TV have to work two jobs to survive.

[KingsDen]

The only problem nowadays is that Bitcoin transactions isn't free anymore that was stated on that video that it's totally free.

I also noticed that in the first minute (at 56 secs). Was this video made when Satoshi was still "alive" and bitcoin was in intensive development? , the brown cat says "bitcoin transactions are free". I'm not sure if he was referring to centralized wallet transactions considering that they didn't exist in those years. Was anyone here in those years using bitcoin and what were the facts?

The question should be, apart from the 50BTC reward for mined blocks by the early developers, did miners also benefit from the transaction fees?
Was there actually transaction fees, considering how worthless BTC was then.

[ZAINmalik75]

Many people often publicly express their regret because they did not find out in time that Bitcoin even existed - but considering that lately I often remember some old videos that I used to watch as a beginner, I wonder how a video that is on YT from 2010 has just over 50 000 views?

Of course, some will say that people didn't see it because they didn't know that Bitcoin existed, but 14 years ago there were (I assume) much fewer videos on YT than today, and many more people should have come across a video like this, even by accident.

That's correct I checked on internet too and this is the very first video on YouTube talked specifically about Bitcoin there are other videos too which are older than this but they just wrote the term BTC in there titles or description that's why they are on top but in the video, there is no talk about BTC. The first video about BTC was out in 2010–12–01 on YouTube.

That's crazy that people started to make videos after 1.5+ years. I never thought a even BTC took time to attract others so there is hope for older projects too working hard to get investors and trust like BTC. But they won't be getting any near to BTC I know that. Video is cool I liked it. It lacks some information but it is good.

[TomPluz]

Maybe the problem is that the video looks like something for children - and even today people pay much more attention to the video than to the sound...?

Actually the problem is that Bitcoin was so new at that time and not many will beleive that one day it's price would be reaching 5-figures as it stands now. Remember that people are aware that there are so many scams and frauds using online platforms to spread and victimize people...so even if I happen to had watched that video I would not jump in immediately and get as many BTC as I can no matter how cheap they were then. right now, we might be shaking our heads in regrets but then we don't have the crystall ball that can surely predict the future...everything can just be speculations. Just like life, there is no guarantee of what can be...lucky are those who bought Bitcoin at the very cheap price and stick with it until now.

[Lucius]

@TomPluz, people are generally (at least that's how it used to be) distrustful of new technologies, especially those coming from someone who hasn't already gained a reputation with something similar. Apart from the fact that the video in the presentation was made very simply (which is not surprising at that time), I would hardly believe that any of us would believe that this idea would grow into what it is today.

However, some of those 50 000+ who watched the video (it would be interesting to know how many there were during 2010/2011) may have realized that there is something there and invested a few $ which later turned out to be the investment of a lifetime (of course if they succeeded save their wallets).

[Faisal2202]

Not only then, I believe it's the same today - because even though the situation surrounding the understanding of BTC has changed, most people still don't have a very good idea about it. Even if we all imagined that the video we are talking about was superbly made and could teach everyone about BTC in a simple way, most people would rather do what you did than take an interest in maybe learning something.

Even when I sat in front of the computer for hours every day and learned about BTC, some people said that I was wasting my time while they were watching TV and playing games - which I considered a waste of time. Now I'm online only because I want to, because I've profited from BTC to the extent that I don't have to think about whether I'll have bread on the table tomorrow, while those who played games and watched TV have to work two jobs to survive.

I admire that you made good early decisions despite the criticism and negativity you faced. I understand your perspective because I’ve experienced similar criticism, not just when I was spending time on forums like BTT and joining bounties, but in various pursuits. To avoid the negativity, I stopped sharing what I was doing on my laptop. When someone asked, I would just say I was watching videos or playing games. I remember when my parents questioned the value of joining these campaigns, saying they wouldn’t lead to a career. However, I persevered, participating in article campaigns and starting my career as a content writer. Eventually, I launched my own site and am now happy I didn’t second-guess myself and leave the forum.

We all face criticism, but if we believe we’re doing the right thing, it will eventually bring us success. I agree with you that many people still think, “What, you invested in BTC?”, “BTC is fake,” “It can drop to nothing,” “It’s just a bubble that can pop anytime,” and so on. However, after learning about Bitcoin and reading many whitepapers, I realized that crypto is the future and BTC is at the forefront of it.

[Lucius]

@Faisal2202, In fact, I think I may even remember your story that I read on BTT - although it was always clear to me that we are not all in the same situation when it comes to society's attitude towards what an individual does. In some societies, parents are far more connected to their children than in others, and therefore have a greater influence on what their children do in life - and I completely understand the protective position that these parents can have when it comes to things they may not fully understand.

Sometimes it is necessary to take a little risk and not be completely honest with those around you about some things - because in the end most of us have to take care of ourselves in life because we are not the children of some rich people who will never have to do anything in their lives.

[taufik123]

-snip-
In some societies, parents are far more connected to their children than in others, and therefore have a greater influence on what their children do in life - and I completely understand the protective position that these parents can have when it comes to things they may not fully understand.

Parents are the first shield that will filter what their children are doing such as what they watch and what they will learn.
But some also do not understand their duties as parents and free their children to do anything without supervision.

some education that looks foreign like Bitcoin in the past, it will indeed be education that parents did not understand in the past.
they just assume that Bitcoin is just a toy, just an obscure project and such.

But looking at some smart parental mindsets, they will learn it first and will draw conclusions regardless of whether it is good for their child or not, because being a parent must be very careful and know about what their child is learning.

[Faisal2202]

@Faisal2202, In fact, I think I may even remember your story that I read on BTT - although it was always clear to me that we are not all in the same situation when it comes to society's attitude towards what an individual does. In some societies, parents are far more connected to their children than in others, and therefore have a greater influence on what their children do in life - and I completely understand the protective position that these parents can have when it comes to things they may not fully understand.

Sometimes it is necessary to take a little risk and not be completely honest with those around you about some things - because in the end most of us have to take care of ourselves in life because we are not the children of some rich people who will never have to do anything in their lives.

I can't agree more with you, the facts that you have aforementioned is a great conclusion of your experienced life, that we all should follow in our lives. Because we should really not be completely honest sometimes, and I have experienced such circumstances caused by when I am too honest about a thing. I started to think the phases you must have gone through, I am now going through from them haha. Well, I think I am mature enough to not do such things in future but I always fail.

I don't remember the story you are talking about that I shared on BTT, sorry if its offending but my memory is not that good from quite sometime, and due to the existence of two forums, I am unable to remember what I said long before on other forum, its a bit confusing, but if you will just point one statement then I will remember what are you talking about.